\begin{tabular}{l*{6}{c}} \toprule
                &\multicolumn{1}{c}{\textit{p} = 0}&\multicolumn{1}{c}{\textit{p} = 1}&\multicolumn{1}{c}{\textit{p} = 2}&\multicolumn{1}{c}{\textit{p} = 3}&\multicolumn{1}{c}{\textit{p} = 4}\\\cmidrule(lr){2-2}\cmidrule(lr){3-3}\cmidrule(lr){4-4}\cmidrule(lr){5-5}\cmidrule(lr){6-6}
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}\\
\midrule
\textbf{Panel A:} Brazil&                &                &                &                &                \\
\addlinespace
Conventional    &           0.095&           0.108&           0.118&           0.114&           0.113\\
                &   [0.072,0.118]&   [0.095,0.122]&   [0.106,0.130]&   [0.102,0.126]&   [0.101,0.126]\\
\addlinespace
Robust          &           0.082&           0.104&           0.111&           0.114&           0.115\\
                &   [0.029,0.135]&   [0.083,0.125]&   [0.096,0.127]&   [0.100,0.128]&   [0.101,0.130]\\
\midrule
\textit{N}      &            6562&           80921&          260371&          447695&          535478\\
Bandwidth       &            0.20&            2.07&            6.69&           12.48&           18.19\\
AMSE (conventional)&         0.00059&         0.00007&         0.00008&         0.00004&         0.00004\\
AMSE (robust)   &         0.00086&         0.00012&         0.00006&         0.00005&         0.00005\\
 

\midrule
\textbf{Panel B:} Colombia&                &                &                &                &                \\
\addlinespace
Conventional    &           0.197&           0.199&           0.199&           0.196&           0.197\\
                &   [0.171,0.222]&   [0.178,0.220]&   [0.178,0.221]&   [0.172,0.219]&   [0.173,0.222]\\
\addlinespace
Robust          &           0.197&           0.189&           0.192&           0.194&           0.193\\
                &   [0.143,0.250]&   [0.160,0.219]&   [0.165,0.219]&   [0.166,0.222]&   [0.165,0.220]\\
\midrule
\textit{N}      &            6619&           45812&           88944&          113949&          133007\\
Bandwidth       &            0.65&            4.38&            9.75&           14.73&           22.03\\
AMSE (conventional)&         0.00237&         0.00014&         0.00020&         0.00016&         0.00017\\
AMSE (robust)   &         0.00086&         0.00023&         0.00018&         0.00019&         0.00019\\
 

\midrule
\textbf{Panel C:} Denmark&                &                &                &                &                \\
\addlinespace
Conventional    &           0.373&           0.355&           0.309&           0.334&           0.257\\
                &   [0.338,0.409]&   [0.312,0.397]&   [0.260,0.358]&   [0.286,0.382]&   [0.203,0.310]\\
\addlinespace
Robust          &           0.318&           0.300&           0.242&           0.283&           0.202\\
                &   [0.273,0.363]&   [0.250,0.349]&   [0.188,0.297]&   [0.231,0.335]&   [0.140,0.264]\\
\midrule
\textit{N}      &            6656&            7947&            8213&           10151&            9448\\
Bandwidth       &            3.81&            7.10&            8.16&           19.83&           14.72\\
AMSE (conventional)&         0.00554&         0.00499&         0.00486&         0.00238&         0.00313\\
AMSE (robust)   &         0.00050&         0.00062&         0.00089&         0.00066&         0.00110\\
 
 
\midrule
\textbf{Panel D:} Finland&                &                &                &                &                \\
\addlinespace
Conventional    &           0.025&           0.027&           0.024&           0.016&           0.016\\
                &   [0.000,0.049]&   [0.004,0.049]&   [0.002,0.046]&  [-0.007,0.040]&  [-0.007,0.039]\\
\addlinespace
Robust          &          -0.052&          -0.004&          -0.020&          -0.018&          -0.013\\
                &  [-0.112,0.008]&  [-0.040,0.032]&  [-0.049,0.010]&  [-0.048,0.012]&  [-0.041,0.015]\\
\midrule
\textit{N}      &            6810&           51357&          100561&          122476&          135907\\
Bandwidth       &            0.27&            1.48&            3.50&            6.01&            9.84\\
AMSE (conventional)&         0.00637&         0.00171&         0.00060&         0.00064&         0.00056\\
AMSE (robust)   &         0.00096&         0.00027&         0.00020&         0.00018&         0.00017\\
\bottomrule \end{tabular}
